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Gusto

13 Disclosed Funding Rounds $516,100,000

0 Participating Investments


Employee Benefits, Personal Finance, SaaS, Financial Services, Human Resources, Enterprise Software, FinTech

Gusto provides a cloud-based payroll, benefits, and human resource management solution for businesses.

San Francisco, California, United States, North America (US)

Organizations in San Francisco in Employee Benefits,
Organizations in San Francisco in Personal Finance,
Organizations in San Francisco in SaaS,
Organizations in San Francisco in Financial Services,
Organizations in San Francisco in Human Resources,
Organizations in San Francisco in Enterprise Software,
Organizations in San Francisco in FinTech,
Organizations in California in Employee Benefits,
Organizations in California in Personal Finance,
Organizations in California in SaaS,
Organizations in California in Financial Services,
Organizations in California in Human Resources,
Organizations in California in Enterprise Software,
Organizations in California in FinTech,
Organizations in United States in Employee Benefits,
Organizations in United States in Personal Finance,
Organizations in United States in SaaS,
Organizations in United States in Financial Services,
Organizations in United States in Human Resources,
Organizations in United States in Enterprise Software,
Organizations in United States in FinTech,
Organizations in North America in Employee Benefits,
Organizations in North America in Personal Finance,
Organizations in North America in SaaS,
Organizations in North America in Financial Services,
Organizations in North America in Human Resources,
Organizations in North America in Enterprise Software,
Organizations in North America in FinTech

Investors in San Francisco in Employee Benefits,
Investors in San Francisco in Personal Finance,
Investors in San Francisco in SaaS,
Investors in San Francisco in Financial Services,
Investors in San Francisco in Human Resources,
Investors in San Francisco in Enterprise Software,
Investors in San Francisco in FinTech,
Investors in California in Employee Benefits,
Investors in California in Personal Finance,
Investors in California in SaaS,
Investors in California in Financial Services,
Investors in California in Human Resources,
Investors in California in Enterprise Software,
Investors in California in FinTech,
Investors in United States in Employee Benefits,
Investors in United States in Personal Finance,
Investors in United States in SaaS,
Investors in United States in Financial Services,
Investors in United States in Human Resources,
Investors in United States in Enterprise Software,
Investors in United States in FinTech,
Investors in North America in Employee Benefits,
Investors in North America in Personal Finance,
Investors in North America in SaaS,
Investors in North America in Financial Services,
Investors in North America in Human Resources,
Investors in North America in Enterprise Software,
Investors in North America in FinTech

West Coast (0 Investors) (0 Startups), Western US (0 Investors) (0 Startups), San Francisco Bay Area (0 Investors) (0 Startups)

Founded date 11, 2011

Founders Josh Reeves, Joshua Reeves, Edward Kim, Tomer London

Operating Status Active

Funding Stage Late Stage Venture

Last Funding Type Series D

Also known as ZenPayroll

Company Type For Profit


Facebook Link

Twitter Link

LinkedIN Link

Wikipedia Link

Gusto develops web-based payroll solution for small- and medium-sized businesses. It operates an online platform that provides payroll, benefits, human resources, and integration services for employers and employees in the United States. Gusto offers health benefits and workers’ compensation benefits that include medical insurance, commuter benefits, and 401(k) contributions as well as workers’ compensation insurance plans, time tracking, and integration services, and access to employees for processing payroll from web-enabled devices such as smartphones and tablets. It also provides access to employees and contractors to browse their previous pay stubs, review their payroll forms, verify their personal details, and statistics about their pay, tax payments and federal forms filing services, and security and support services. Gusto serves startups, coffee shops, doctors, creative agencies, lawyers, and boutiques. Edward Kim, Joshua Reeves, and Tomer London founded ZenPayRoll in 2011 that became Gusto, with its headquarters in San Francisco in California with an additional office in Denver in Colorado.

Date Round Raised Lead
July, 24, 2019 Series D $200,000,000 Fidelity Management and Research Company, Climate Solutions Fund
December, 18, 2018 Series C Undisclosed -------
July, 31, 2018 Series C $140,000,000 Dragoneer Investment Group, CapitalG, T. Rowe Price, Y Combinator
February, 16, 2018 Secondary Market Undisclosed Akkadian Ventures
September, 20, 2017 Series C Undisclosed -------
January, 11, 2016 Series B Undisclosed -------
December, 21, 2015 Series B $90,000,000 General Catalyst, CapitalG
December, 01, 2015 Series B Undisclosed -------
August, 25, 2015 Seed Undisclosed -------
April, 06, 2015 Series B $60,000,000 Ribbit Capital, Kleiner Perkins, General Catalyst, GV, Emergence, CapitalG
May, 09, 2014 Series A Undisclosed -------
February, 19, 2014 Series A $20,000,000 Kleiner Perkins, General Catalyst
December, 11, 2012 Seed $6,100,000 -------

Gusto Investors (93)

Investor Lead? Round Participating Raise Date Partners
Dragoneer Investment Group No Series D $200,000,000 July, 24, 2019 -------
Fidelity Management and Research Company Yes Series D $200,000,000 July, 24, 2019 -------
Climate Solutions Fund Yes Series D $200,000,000 July, 24, 2019 -------
General Catalyst No Series D $200,000,000 July, 24, 2019 -------
T. Rowe Price No Series D $200,000,000 July, 24, 2019 -------
SWS Venture Capital No Series C Undisclosed December, 18, 2018 -------
Dragoneer Investment Group Yes Series C $140,000,000 July, 31, 2018 -------
137 Ventures No Series C $140,000,000 July, 31, 2018 -------
CapitalG Yes Series C $140,000,000 July, 31, 2018 -------
Kleiner Perkins No Series C $140,000,000 July, 31, 2018 -------
T. Rowe Price Yes Series C $140,000,000 July, 31, 2018 -------
Rose Park Advisors No Series C $140,000,000 July, 31, 2018 -------
MSD Capital No Series C $140,000,000 July, 31, 2018 -------
Emergence No Series C $140,000,000 July, 31, 2018 -------
General Catalyst No Series C $140,000,000 July, 31, 2018 -------
Y Combinator Yes Series C $140,000,000 July, 31, 2018 -------
Louis Beryl No Series C $140,000,000 July, 31, 2018 -------
Akkadian Ventures Yes Secondary Market Undisclosed February, 16, 2018 -------
Fifth Down Capital No Series C Undisclosed September, 20, 2017 -------
Cota Capital No Series B Undisclosed January, 11, 2016 -------
Wayne Chang No Series B $90,000,000 December, 21, 2015 -------
WME Ventures No Series B $90,000,000 December, 21, 2015 -------
Slow Ventures No Series B $90,000,000 December, 21, 2015 -------
Obvious Ventures No Series B $90,000,000 December, 21, 2015 -------
General Catalyst Yes Series B $90,000,000 December, 21, 2015 -------
CapitalG Yes Series B $90,000,000 December, 21, 2015 -------
Fifth Down Capital No Series B Undisclosed December, 01, 2015 -------
Cota Capital No Seed Undisclosed August, 25, 2015 -------
Ribbit Capital Yes Series B $60,000,000 April, 06, 2015 -------
Pivot Investment Partners No Series B $60,000,000 April, 06, 2015 -------
Kleiner Perkins Yes Series B $60,000,000 April, 06, 2015 -------
Glynn Capital Management No Series B $60,000,000 April, 06, 2015 -------
General Catalyst Yes Series B $60,000,000 April, 06, 2015 -------
GV Yes Series B $60,000,000 April, 06, 2015 -------
Felicis Ventures No Series B $60,000,000 April, 06, 2015 -------
Emergence Yes Series B $60,000,000 April, 06, 2015 -------
Designer Fund No Series B $60,000,000 April, 06, 2015 -------
CapitalG Yes Series B $60,000,000 April, 06, 2015 -------
Rothenberg Ventures No Series B $60,000,000 April, 06, 2015 -------
SWS Venture Capital No Series A Undisclosed May, 09, 2014 -------
AFSquare No Series A $20,000,000 February, 19, 2014 -------
Wayne Chang No Series A $20,000,000 February, 19, 2014 -------
Pivot Investment Partners No Series A $20,000,000 February, 19, 2014 -------
Obvious Ventures No Series A $20,000,000 February, 19, 2014 -------
Kleiner Perkins Yes Series A $20,000,000 February, 19, 2014 -------
Jeff Seibert No Series A $20,000,000 February, 19, 2014 -------
General Catalyst Yes Series A $20,000,000 February, 19, 2014 -------
Designer Fund No Series A $20,000,000 February, 19, 2014 -------
Daniel Gross No Series A $20,000,000 February, 19, 2014 -------
#Angels No Series A $20,000,000 February, 19, 2014 -------
Kevin Systrom No Seed $6,100,000 December, 11, 2012 -------
Sue Decker No Seed $6,100,000 December, 11, 2012 -------
Aston Motes No Seed $6,100,000 December, 11, 2012 -------
Bobby Yazdani No Seed $6,100,000 December, 11, 2012 -------
Ronald Conway No Seed $6,100,000 December, 11, 2012 -------
Pejman Nozad No Seed $6,100,000 December, 11, 2012 -------
Jerry Yang No Seed $6,100,000 December, 11, 2012 -------
Ram Shriram No Seed $6,100,000 December, 11, 2012 -------
Tien Tzuo No Seed $6,100,000 December, 11, 2012 -------
Jessica Verrilli No Seed $6,100,000 December, 11, 2012 -------
Seth Sternberg No Seed $6,100,000 December, 11, 2012 -------
Tobias Lütke No Seed $6,100,000 December, 11, 2012 -------
Steve Loughlin No Seed $6,100,000 December, 11, 2012 -------
Matt Mickiewicz No Seed $6,100,000 December, 11, 2012 -------
Alex Bard No Seed $6,100,000 December, 11, 2012 -------
Aaron Patzer No Seed $6,100,000 December, 11, 2012 -------
Mark Leslie No Seed $6,100,000 December, 11, 2012 -------
Jawed Karim No Seed $6,100,000 December, 11, 2012 -------
Dylan Smith No Seed $6,100,000 December, 11, 2012 -------
Justin Rosenstein No Seed $6,100,000 December, 11, 2012 -------
Mariam Naficy No Seed $6,100,000 December, 11, 2012 -------
Aditya Agarwal No Seed $6,100,000 December, 11, 2012 -------
Clara Shih No Seed $6,100,000 December, 11, 2012 -------
Matt Rogers No Seed $6,100,000 December, 11, 2012 -------
Evan Williams No Seed $6,100,000 December, 11, 2012 -------
Phil Libin No Seed $6,100,000 December, 11, 2012 -------
Kris Duggan No Seed $6,100,000 December, 11, 2012 -------
John Suh No Seed $6,100,000 December, 11, 2012 -------
Larry Augustin No Seed $6,100,000 December, 11, 2012 -------
Josh Silverman No Seed $6,100,000 December, 11, 2012 -------
Michelle Wilson No Seed $6,100,000 December, 11, 2012 -------
Jacob Jaber No Seed $6,100,000 December, 11, 2012 -------
Gail Goodman No Seed $6,100,000 December, 11, 2012 -------
Jay Simons No Seed $6,100,000 December, 11, 2012 -------
Jed York No Seed $6,100,000 December, 11, 2012 -------
Karen Mills No Seed $6,100,000 December, 11, 2012 -------
Marco Zappacosta No Seed $6,100,000 December, 11, 2012 -------
Y Combinator No Seed $6,100,000 December, 11, 2012 -------
WME No Seed $6,100,000 December, 11, 2012 -------
Sherpalo Ventures No Seed $6,100,000 December, 11, 2012 -------
Sam Altman No Seed $6,100,000 December, 11, 2012 -------
Salesforce Ventures No Seed $6,100,000 December, 11, 2012 -------
Ari Emanuel No Seed $6,100,000 December, 11, 2012 -------